Housing costs in Shaker Heights?
A typical home costs
$265,100, which is 21.6% less expensive than the national average of
$338,100 and 34.6% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Shaker Heights costs
$1,210 per month, which is 15.4% cheaper than the national average of
$1,430 and 19.0% more than the state average of
$980.
Can I afford Shaker Heights?
To live comfortably in Shaker Heights, Ohio, a minimum annual income of
$50,760 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Shaker Heights?
Shaker Heights, OH is an affluent area with a relatively high cost of living. Housing costs, in particular, are quite steep compared to the national average. The median home price in Shaker Heights is around $325,000, which is more than double the median home price for the rest of the country. In addition, rent and other living costs such as food, utilities and transportation are higher here than in most other places. While this can make it challenging to afford life in Shaker Heights, it also means that those who do live here have access to all of the amenities of a larger community while enjoying a smaller city atmosphere.